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The duty imposed on company directors under Australian law to not have the company of which they are a director trade while it is insolvent is controversial. The recent introduction of a safe harbour for directors' personal liability for breach of the duty to prevent insolvent trading highlights...
Persistent link: https://www.econbiz.de/10012859034
This article compares reforms to directors' liability for insolvent trading in Singapore and in Australia. The authors … largely the same – Singapore's law on insolvent trading reflected the law in Australia from the 1960s. However, the law in the … of Australia's insolvency law reforms in 2017 which led to the introduction of a safe harbour for directors from …
Persistent link: https://www.econbiz.de/10012844974
funded by industry members at a national level in Australia. It came into operation in 1990. The ABIO was a significant first …
Persistent link: https://www.econbiz.de/10012846676
, yet it is arguably the dominant mode of corporate law enforcement in Australia. The article examines the prevalence of …
Persistent link: https://www.econbiz.de/10012928669
The effects of the COVID-19 crisis have driven many listed Australian companies to raise emergency capital. These share issues have been facilitated by a relaxation of the rules applying to capital raising by the Australian Securities Exchange, a move supported by the Australian Securities and...
Persistent link: https://www.econbiz.de/10012824262
Consumers in Australia and other developed countries are increasingly required to interact with providers of complex … of debt-related problems in Australia have been attributed to low levels of financial literacy in the population. However …
Persistent link: https://www.econbiz.de/10012890301
This article presents the results of the first empirical study focused on older Australians in bankruptcy. Our study — based on the examination of a large and unique dataset obtained by the authors from the bankruptcy regulator — provides a valuable insight into the severe financial...
Persistent link: https://www.econbiz.de/10012897411
This article outlines the findings of Australia's first large-scale study on the experiences of people who have … the literature on economic insecurity, disadvantage and the growing financialization of everyday life in Australia and …
Persistent link: https://www.econbiz.de/10012897650
challenges associated with these bonds; (c) provide examples of social impact bonds in Australia, the United Kingdom and the …
Persistent link: https://www.econbiz.de/10012897919
Over the last two decades, Australia has developed a unique legal and regulatory framework for collective investments …
Persistent link: https://www.econbiz.de/10012976942